Medicare has announced the changes to the deductible and coinsurance for Medicare Part A. Medicare Part A covers facility type charges such as inpatient hospital stays and skilled care in a skilled nursing facility. The inpatient hospital deductible will increase to $1,316.00 in 2016, an increase of $28.00 from 2016. It is important to understand […]

Medicare has announced that the Part B deductible for 2017 will increase to $183.00, an increase of $17.00 from 2016. This means that once a Medicare beneficiary has paid $183.00 for medical care covered by Medicare Part B, Medicare will begin to pay for services at 80% of their approved amount; some services are paid […]